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West Glens Falls 12804
42 Luzerne Road
$70,000
● House - Off Market

42 Luzerne Road

Queensbury, NY 12804
bedrooms
2 Beds
bathrooms
1 Bath
$42,163
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Why rent when you can own for less in Queensbury, NY. This two bedroom home was built in 1940 and has an unfinished basement. Buyers check with City, County,

Zoning, Tax, and other records to their satisfaction. AS-IS REO property. Buyers

to inspect prior to bidding.
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$39
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Global MLS #202319346)

Price History

Date / Event Date Event Price
Oct 13, 2023 Sold
Premium
Sold
Jul 20, 2023 Sold
Premium
Sold
Jul 6, 2023 In contract -
In contract
Jun 22, 2023 Listed by Real Home Services & Solutions, Inc $42,400
Listed by Real Home Services & Solutions, Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1950
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 880
  • Total Building Area: 836
  • Building Area: 836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 836
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RES. 88'RF&105.15'RF CORNOR LO 130.-1-6

Neighborhood

  • School District Name: Queensbury Union Free School District
  • School Tax School District: QUEENSBURY
  • Census Tract: 070802

Zoning

  • Zoning: MS

Geography

  • District: 523400
  • Section: 309.10
  • Parcel: 523400 309.10-1-74
  • Block: 1
  • Lot: 74.000
  • Municipality: QUEENSBURY
  • Latitude: 43.3029
  • Longitude: -73.6703

    Address

  • Full Address: 42 Luzerne Rd
  • Address - House Number: 42
  • Address - Street Name: Luzerne
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Queensbury
  • Carrier Code: C023
  • 4-Digit Zip Code: 3320
  • Zip Code: 12804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $140,402
  • Tax Rate Code Area: 523402

    Appraisal Valuation

  • Standard Deviation: 0.1882
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 62
  • Final Value: 125,517
  • High Value: 149,146
  • Low Value: 101,887

    Market Valuation

  • Market Total Value: $71,200
  • Market Land Value: $20,595
  • Market Improvement Value: $50,605

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,500
  • Assessed Land Value: $17,500
  • Assessed Improvements Value: $43,000

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-5466
  • Previous Sale Recording Date: Jul 20, 2023
  • Previous Sale Contract Date: Jun 09, 2023
  • Previous Sale Amount: $78,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Glens Falls

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$246

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1783 ft²

Average Home Age

33.7 years

Currently For Sale

12 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Global MLS

Listed by: Neven L Spralja
Real Home Services & Solutions, Inc
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202319346
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 42 Luzerne Road built and last sold?
The property at 42 Luzerne Road was built in 1940 and last sold on Jul 31, 2023 for $70,000.
How much is this home worth?
The estimated value of the home located at 42 Luzerne Road is $42,824.
What are some comparable homes to 42 Luzerne Road?
There are currently no comparable homes to 42 Luzerne Road.
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